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This counter still looking good..
Net cash 60 mil ++
The boss buying till 85% stake...left 5 more % to buy before potentially mgmt buyout/ privatised..
Next month dividend announcement..
So hope for pleasent surprises..
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Boss Teo should just offer a buy-out direct!
pocket the $$$ once and for all!
1) Try NOT to LOSE money!
2) Do NOT SELL in BEAR, BUY-BUY-BUY! invest in managements/companies that does the same!
3) CASH in hand is KING in BEAR!
4) In BULL, SELL-SELL-SELL!
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Maybe another good dividend then buyout...
Thats the only logical thing to do ...since the company is a cash cow..
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Mr Market is again playing with ppl expectation! So this time, either expecting, another huge profit, huge dividend or buyout? Or can't it be all above? Ha ha ha. IMHO, He is likely to be dissappointed.
My expectation is lower, 2-3cents dividend and i am happy as a clam.
<vested, one of my core>
My views are your Gilbert & Sullivan's:
"The flowers that bloom in the spring, have nothing to do with the case".
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Last 2 days buying is a signal that something good is happening..
Hope for the best
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(10-08-2016, 09:52 PM)ksir Wrote: Mr Market is again playing with ppl expectation! So this time, either expecting, another huge profit, huge dividend or buyout? Or can't it be all above? Ha ha ha. IMHO, He is likely to be dissappointed.
My expectation is lower, 2-3cents dividend and i am happy as a clam.
<vested, one of my core>
True, this co. now in special situation...
anything can happen!
Think Boss Teo has to think for himself more, else he's really OPMI friendly!
1) Try NOT to LOSE money!
2) Do NOT SELL in BEAR, BUY-BUY-BUY! invest in managements/companies that does the same!
3) CASH in hand is KING in BEAR!
4) In BULL, SELL-SELL-SELL!
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Lets hope for one more high dividend of between 4 to 6 cents ..before the owner can do a buy out.
Since it generates positive cashflow of 20 mil a year.
That shldnt be a problem.
The company balance sheet still very healthy.
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Dividend shld be good...hold...
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Imagine if the boss says he needs to conserve cash and declares half a cent of dividend... the typical reasons will be brexit, lots of uncertainty, many countries have negative interest rates, future business prospects bad, need working capital for future business, etc, then this will become another valuetrap like hupsteel, singholdings, etc
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If we adjust for and add the $0.08/share 'jumbo' FY15 dividend paid out in Dec15, TTJ at the last done share price of $0.385 is actually now trading at a level higher than its historical peak of $0.42 achieved on 20Jul16. If we include the total of the past 6 dividends (since Dec10) amounting to $0.121/share since TTJ's IPO in Apr10 at $0.20, the total return including cash dividends for long-term investor in TTJ has been very good and steady all these years.
I suppose many shareholders like me wouldn't mind being 'trapped' in this at all!
Let's look forward to another good dividend for FY16, as Mr Teo/TTJ continue with their track record of rewarding shareholders - which include Mr Teo himself as the largest shareholder - generously.